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SEAaT Emissions Trading Seminar

Maritime Activity Reports, Inc.

January 30, 2009

SEAaT, the association promoting abatement technology and emissions trading for ships, is to host the Shipping Emissions Trading Seminar on 2nd April at the IMO in London, to discuss and develop strategies for the implementation of emissions trading for shipping.

The Seminar is by invite only and is structured to provide key stakeholders in shipping, finance and regulatory bodies and is designed to give an insight to the application of emissions trading for the shipping industry - set against the much-publicized environmental imperatives of today.

The shipping industry, has so far been omitted from ETS plans, although the European Union has stated that it would like to see ETS for shipping in place. In December, calls for ETS for shipping gained momentum when the British Chamber of Shipping advocated an international emissions trading plan, a move fully supported by SEAaT.

The Seminar has attracted a number of industry leaders from the sphere of shipping and emissions trading and will be hosted by the sponsors of SEAaT [BP, Carnival, P&O, the Norwegian Shipowners Association, Stena Line, Shell, the Swedish Shipowners Association and Teekay] as a service to the shipping industry.

(www.seaat.org)

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